9419 County Road 2 Glencoe, MN $ 399,000
9419 County Road 2
$ 399,000
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9419 County Road 2

Glencoe, MN, 55336
$ 399,000
Bedrooms6 Baths3.0 Sq 3,136

Monthly Estimate*

$ 2,787

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Multi-Family Home for sale in Glencoe, MN

for $399,000 with 6 bedrooms and 3 full baths. This 3,136 square foot home was built in 1967 on a lot size of 0.81.

Cap rate over 7! This turnkey property couldn’t be placed in a better location! The expansive backyard opens up to panoramic views of the countryside. Between the tranquil setting and the large units, who wouldn’t want to rent here! There are multiple income opportunities and would even be perfect for an owner occupant, where your tenants pay your mortgage! Or you could rent all three units, and one single car garage, and one double car garage separately, or any combination. Newer roof, water heaters, A/C units, some newer appliances. Lower unit completely renovated in 2016. Room to increase rents as-is, all leases are month to month. Same tenants for 5+ years! Renters pay all utilities.

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Multi-Family Active

Price

$ 399,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,276

Style

Triplex

Lot Size

0.81

Year Built

1967

Town/City

Glencoe

County/Region

McLeod

MLS | Web ID

6520002

Features
General
Sewer Mound Septic Private Sewer Septic System Compliant - Yes
Heating Boiler Forced Air
Roof Age 8 Years or Less
Garage Spaces 5
Construction Materials Vinyl Siding
Year Built 1967
Tenant Pays All Utilities
Levels One
Property SubType Triplex
Tax Year 2023
Gross Income 35700
Accessibility None
County McLeod
Operating Expense 3886
Insurance Expense 1896
New Construction N
Property Type Residential Income
Contingency None
Directions W on 212 S on Morningside Dr
City Glencoe Twp
Buyer Agent Compensation 2.50
High School District Glencoe-Silver Lake
Zoning Description Residential-Multi-Family
Total Units 3
Street Name County Road 2
Land Lease Y/N N
Tax Annual Amount 2276
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Egress Window(s) Finished Walkout
Basement (Y/N) Y
Above Grade Finished Area 2136
Below Grade Finished Area 1000
Fuel Natural Gas
Garage Square Feet 1200
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Exterior
Lot Features Tree Coverage - Medium
Water Source Private Well
Lot Size Area 0.81
Lot Dimensions 187.84x187.84
Lot Size Units Acres
Foundation Area 2136
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Internal Only
Street Number 1 9419
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* Excluded Features
List By
National Realty Guild

Broker

unlockingyourfuture@live.com

Email

Affordability Calculator

$2,977
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,787
Monthly Property Taxes
$190
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
709436 Elementary School
709169 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$399,000 Listed Price

Map


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9419 County Road 2, Glencoe, MN, 55336 is a Multi-Family Home for sale at $399,000 with 3,136 sqft and a lot size of 0.81. 9419 County Road 2 has 6 bedrooms, 3.0 baths, and was built in 1967. The property's zip code is 55336 which is in Glencoe, MN